An allegation is currently trailing the management of financial institution, Wema Bank.
Only recently, the financial institution was indicted in an alleged money laundering case involving Dana Air.
Barely days after that, another case of money laundering is trailing the bank with its Managing Director (MD), Ademola Adebise allegedly in the forefront of the allegation.
At a time when the government of President Muhammadu Buhari is fighting curruption headlong and committing to the exradiction of the 80-man list of wire fraudsters released by the FBI, Adebise and some of his top management staffs have been alleged of leading a money laundering ring.
The current case could be likened to a scene from a mafia movie, as Adebise is said to have allegedly threw all caution to the wind in a fraud allegedly estimated to be in the tune of N1bn.
Reports in the media detailed how the Wema Bank MD smartly laundered the said amount using the account of an innocent and unconsenting customers.
Also Read: Wema Bank, Dana Airline Fingered In Alleged Money Laundering Mess
How then could this be explained, what could be reaponsible for this unprofessional action? Could it be greed or a lack of contentment?
Whatever the case might be, the fact remains that Adebise and his team are currently guests of the EFCC for paying N1bn into the account of an innocent and unsuspecting customer of the bank.
The scam it has been widely reported is part of a grand plan to dispose the owners of a prestigious and popular hospitality and entertainment facility located in Maryland which is currently under the receivership of Kunle Ogunba (SAN) and subject of litigation.
How on earth would a man who hardly could deposit N300,000.00 in his account suddenly be credited a sum of 1Billion Naira without an alert or any form of notice.
To unravel the who situation, the EFCC, summoned the bank’s MD, Kunle Ogunba (SAN) and others, to their Ikoyi office where the account owner vehemently denied any knowledge of the transaction.
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This prompted the anti-graft agency to detain both Ademola Adebise the MD of Wema Bank Plc and other top management staff, suspecting that they played a very huge role in the illegal financial transaction in a ploy to oust the owners of the four-star hospitality and entertainment facility, with a bid to acquiring it for themselves.
While investigation is still on, if the allegation is proven, Adebise and others involved in the alleged scam will definitely have their day in the court of law of competent jurisdictionj and might spend time in jail if found guilty.
Interestingly, this development is coming barely days after the Federal Bureau of Investigation (FBI) in a press statement released in Los Angeles, California by US attorney, Nick Hanna announced it has arrested, “many Nigerians”, in an ongoing investigation related to fraud cases.
According to Hanna, the fraud cases involved suspects colluding with federal and state agents, to dupe unsuspecting victims of their money.
